NonprofitsCredit Unions Chartered In The State Of Michigan

Credit Unions Chartered In The State Of Michigan

ADA, MI

Total revenue

$6.6M

Total expenses

$5.7M

Net assets

$13.7M

Grants received

EIN

386119310

Tax year

2024

Mission

Provide financial services and products to members.

Programs

1 program

The credit union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2024 was 5,243.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.8M
Investment income$752K
Other revenue
Total revenue$6.6M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$3.5M
Total expenses$5.7M
Total assets$118.9M
Net assets$13.7M

People

11 listed

NameRoleCompensation

JANELLE FRANKE

CEO

Board

$215K

40 hrs/wk

KRISTA HUVER

Vice President

Board

$149K

40 hrs/wk

ERIC CUTTER PHILLIPS

Vice President

Board

$116K

40 hrs/wk

TERESA CUMMINGS

COO

Board

$112K

40 hrs/wk

TED COURTER

Director

Board

1 hrs/wk

JUDY BEAL

Secretary

Board

1 hrs/wk

DANIELLE CALIENDO

Director

Board

1 hrs/wk

TIMOTHY HILE

Director

Board

1 hrs/wk

JAMES DETRICK

Director

Board

1 hrs/wk

SCOTT BOLES

Director

Board

1 hrs/wk

KURT HANSEN

Chairman

Board

1 hrs/wk

Independent contractors

FIS

Elect Pymts Serv

$467K

CU ANSWERS

Data Processing

$387K

Details

EIN386119310
Subsection14
Ruling date1956-10
Formed1965
Employees37
Volunteers7
CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN — Mission, Financials & Grants Received | Grantivo